Waystar Short Term Investments vs Common Stock Analysis

WAY Stock   31.14  0.22  0.71%   
Waystar Holding financial indicator trend analysis is more than just analyzing Waystar Holding Corp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Waystar Holding Corp is a good investment. Please check the relationship between Waystar Holding Short Term Investments and its Common Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waystar Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Short Term Investments vs Common Stock

Short Term Investments vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Waystar Holding Corp Short Term Investments account and Common Stock. At this time, the significance of the direction appears to have totally related.
The correlation between Waystar Holding's Short Term Investments and Common Stock is 1.0. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Common Stock in the same time period over historical financial statements of Waystar Holding Corp, assuming nothing else is changed. The correlation between historical values of Waystar Holding's Short Term Investments and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Waystar Holding Corp are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Short Term Investments i.e., Waystar Holding's Short Term Investments and Common Stock go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Short Term Investments

Short Term Investments is an item under the current assets section of Waystar Holding balance sheet. It contains any investments Waystar Holding Corp undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Waystar Holding Corp can easily liquidate in the marketplace.

Common Stock

Most indicators from Waystar Holding's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Waystar Holding Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waystar Holding Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Waystar Holding's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.11 in 2024, whereas Tax Provision is likely to drop (13.1 M) in 2024.
 2010 2022 2023 2024 (projected)
Interest Expense127.0M155.3M205.9M179.0M
Depreciation And Amortization176.1M183.2M176.5M196.4M

Waystar Holding fundamental ratios Correlations

0.980.97-0.750.99-0.810.890.980.85-0.510.451.0-0.70.980.990.45-0.79-0.970.980.99-0.62-0.64-0.981.00.99-0.75
0.980.98-0.651.0-0.720.881.00.75-0.370.380.97-0.580.921.00.38-0.66-1.00.920.95-0.53-0.51-1.00.961.0-0.62
0.970.98-0.570.97-0.810.960.980.82-0.290.220.97-0.690.90.990.22-0.71-0.960.90.95-0.68-0.63-0.970.960.98-0.71
-0.75-0.65-0.57-0.70.64-0.43-0.62-0.730.95-0.87-0.750.62-0.86-0.65-0.870.80.66-0.86-0.790.350.530.65-0.77-0.680.69
0.991.00.97-0.7-0.740.870.990.78-0.440.440.98-0.610.951.00.44-0.7-1.00.950.97-0.54-0.54-1.00.981.0-0.66
-0.81-0.72-0.810.64-0.74-0.88-0.72-0.990.5-0.18-0.850.98-0.85-0.75-0.180.960.67-0.85-0.860.940.970.68-0.86-0.740.98
0.890.880.96-0.430.87-0.880.890.86-0.170.00.9-0.790.820.90.0-0.74-0.840.820.88-0.84-0.76-0.860.890.89-0.78
0.981.00.98-0.620.99-0.720.890.75-0.340.340.97-0.580.911.00.34-0.65-0.990.910.95-0.55-0.52-1.00.961.0-0.62
0.850.750.82-0.730.78-0.990.860.75-0.590.30.89-0.970.90.780.3-0.98-0.720.90.9-0.89-0.94-0.730.890.78-0.98
-0.51-0.37-0.290.95-0.440.5-0.17-0.34-0.59-0.89-0.520.53-0.67-0.37-0.890.720.39-0.67-0.570.230.460.37-0.55-0.410.6
0.450.380.22-0.870.44-0.180.00.340.3-0.890.43-0.160.570.361.0-0.41-0.430.570.470.15-0.07-0.410.450.4-0.25
1.00.970.97-0.750.98-0.850.90.970.89-0.520.43-0.750.980.980.43-0.82-0.960.981.0-0.67-0.69-0.961.00.98-0.79
-0.7-0.58-0.690.62-0.610.98-0.79-0.58-0.970.53-0.16-0.75-0.77-0.62-0.160.960.53-0.77-0.770.950.990.54-0.76-0.621.0
0.980.920.9-0.860.95-0.850.820.910.9-0.670.570.98-0.770.930.57-0.87-0.921.00.99-0.64-0.7-0.920.990.94-0.82
0.991.00.99-0.651.0-0.750.91.00.78-0.370.360.98-0.620.930.36-0.69-0.990.930.96-0.58-0.56-0.990.971.0-0.66
0.450.380.22-0.870.44-0.180.00.340.3-0.891.00.43-0.160.570.36-0.41-0.430.570.470.15-0.07-0.410.450.4-0.25
-0.79-0.66-0.710.8-0.70.96-0.74-0.65-0.980.72-0.41-0.820.96-0.87-0.69-0.410.63-0.87-0.850.840.930.64-0.84-0.70.98
-0.97-1.0-0.960.66-1.00.67-0.84-0.99-0.720.39-0.43-0.960.53-0.92-0.99-0.430.63-0.92-0.940.470.461.0-0.95-0.990.58
0.980.920.9-0.860.95-0.850.820.910.9-0.670.570.98-0.771.00.930.57-0.87-0.920.99-0.64-0.7-0.920.990.94-0.82
0.990.950.95-0.790.97-0.860.880.950.9-0.570.471.0-0.770.990.960.47-0.85-0.940.99-0.68-0.71-0.941.00.97-0.81
-0.62-0.53-0.680.35-0.540.94-0.84-0.55-0.890.230.15-0.670.95-0.64-0.580.150.840.47-0.64-0.680.970.49-0.67-0.560.92
-0.64-0.51-0.630.53-0.540.97-0.76-0.52-0.940.46-0.07-0.690.99-0.7-0.56-0.070.930.46-0.7-0.710.970.47-0.7-0.550.98
-0.98-1.0-0.970.65-1.00.68-0.86-1.0-0.730.37-0.41-0.960.54-0.92-0.99-0.410.641.0-0.92-0.940.490.47-0.95-1.00.59
1.00.960.96-0.770.98-0.860.890.960.89-0.550.451.0-0.760.990.970.45-0.84-0.950.991.0-0.67-0.7-0.950.97-0.8
0.991.00.98-0.681.0-0.740.891.00.78-0.410.40.98-0.620.941.00.4-0.7-0.990.940.97-0.56-0.55-1.00.97-0.66
-0.75-0.62-0.710.69-0.660.98-0.78-0.62-0.980.6-0.25-0.791.0-0.82-0.66-0.250.980.58-0.82-0.810.920.980.59-0.8-0.66
Click cells to compare fundamentals

Waystar Holding Account Relationship Matchups

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